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Gold/Mining/Energy : Nuinsco Resources (NWI)

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To: Tom Cat who wrote (923)2/18/1999 8:38:00 PM
From: Brumell  Read Replies (2) of 5821
 
Thats good news Tom Cat and sounds about right. Didn't know it would be 3 drills to start with so that's even better. They have a lot of drilling to do before breakup.

Seems to me Doug Hume mentioned approaches from all the majors at the meeting in Toronto. Got the impression they want to go alone for now, however, and I recall him saying they've even given thought to becoming a production company if things workout. I can't see that. They don't seem the type. I'm sure a major will be in the picture if we get that far along. Situation looks fluid.

Touch wood but the stock is holding well. Expected more weakness while we wait but it hasn't happened so far. Actually seems to be firming. I'm simply holding and not doing short-term trading. Can't predict this one and very little, such as Fagan's recently rehashed piece, is enough to fire it up.

Bob
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